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Retirement News 
Top News
- SES bonuses under fire at GSA, other agencies
- VA's Gould moves the needle on VA challenges
- Obama appoints Danny Werfel acting IRS head
- Photo Gallery: Meet the 2013 Service to America Medal Finalists
- Next-gen Apple devices cleared to join Defense IT networks
- In fight over intelligence IT system, Army prioritizes access to data
- White House wants to root out copycat programs - starting with STEM
- Pentagon furloughs to begin July 8
- Causey: Don't work or we'll fire you!
- House bill protects homeland security budget
- Intelligence Community free from furloughs
- DoD aims to speed approval process for mobile devices
- OMB fuels the passion, synergy between mobile, open data
- GAO, OMB spar over whether to measure data center cost savings
- Agencies craving STEMM talent should bolster skills of persuasion
- DoD wants to know real costs of IT business systems
Planning for your future
Certified financial planner Karen Schaeffer answers the best financial planning questions from recent NITP seminars.
July 16, 2012
Navy says 'no' to lawmaker's layoff request
Rep. Scott Rigell's (R-Va.) asked the Navy to postpone its layoff dates for a year. The Navy is laying off 3,000 sailors to help balance its force profile.
Will you wind up a 2 percenter?
When the power company announces that 98 percent of its customers have had their electricity restored it means that 2 percent are still in the dark. Thanks to an upsurge in retirements some federal retirees are experiencing a long wait in getting full benefits, Senior Correspondent Mike Causey says.
It's not just a phase
Does following news about the federal establishment make you depressed. Does talk about extended pay freezes and reduced retirement benefits make you nervous in the civil service? So what's preventing you from chucking it all and retiring? Do you love your job regardless or worry that you'd have nothing to do in retirement? There may be another way out, Senior Correspondent Mike Causey says.
A new retirement option for feds
Federal Times Senior Staff Writer Stephen Losey
will give us an update on a new retirement
law...and other legislation affecting federal
workers.
July 11, 2012
The future you in the mirror
What do you see when you look in the mirror? Is it a dedicated IRS auditor, a serious federal agent or a compassionate VA employee? Or, do you have a Charles Dickens moment and spot the ghost of Christmas Future — you after you have retired? While feds have mostly held on to their jobs, things could change quickly, Senior Correspondent Mike Causey says.
Putting together an estate plan
Estate planner Marc Levine tells you what to expect from your estate planning attorney and what your experience should be like.
July 9, 2012(Encore presentation September 24, 2012)
NASA offers buyouts to 117 Goddard employees
Individuals in some positions can apply to retire as NASA focuses on reshaping its workforce. NASA will cap severance pay at $25,000.
OPM continues cutting retirement backlog as claims fall below expectations
For the third straight month, the Office of Personnel Management received fewer federal retirement claims than projected, according to monthly federal retirement data. OPM also met its processing goals for the month and the longstanding backlog of claims has fallen by 21 percent since January.
OPM offers Fourth of July tips for financial freedom in retirement
But the Office of Personnel Management is prodding federal employees to also think about financial freedom — especially in retirement. As part of its Retirement Readiness Now series, OPM compiled a list of four things feds should do to start getting a handle on their future retirement. Tammy Flanagan, the senior benefits director at the National Institute of Transition Planning, discussed the tips on In Depth with Francis Rose.
TSP numbers bounce back in June
All 10 Thrift Savings Plan funds finished the month of June with positive figures, ending a several month slide into the red. The I Fund grew from -11.40 percent in May to 7.08 percent on June 30.
Fortunate feds: Job stability, retirement and health benefits
Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.
Financial planning & long term care
Host Mike Causey will talk estate planning with attorney Tom O'Rourke, and long term care with Paul Forte and Mary Lou McGuiness of Long Term Care Partners.
June 27, 2012(Encore presentation July 4, 2012)
DoD civilian employees now have Roth option
Defense Department employees have had to wait longer than other feds but this week they're getting their chance.
USPS overpays pension obligations by $13.1B, report says
A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.
The Voluntary Contribution Program
Hosts Bob Leins and Tammy Flanagan discuss the Voluntary Contribution Program and its relation to both the Roth IRA and the Roth TSP.
June 25, 2012
TSP, pay freeze and agency cutbacks
Portions of last week's interview with TSP Executive Director Greg Long about the TSP hack attack will be re-aired this week. Also, Steve Watkins and Sean Reilly from the Federal Times join host Mike Causey to talk about the status of legislation pending in Congress that affects federal workers.
June 20, 2012
Old job-related nightmares resurface
Which occupational group has the worst nightmares: alligator wrestlers or federal workers? Thw answer might surprise you, Senior Correspondent Mike Causey says.
USPS offers work option to retired postmasters
Part-time work will be available to postmasters eligible for optional retirement and those under the current Voluntary Early Retirement offering. Participation will not affect annuity payments.
New site makes retirement easier for Air Force civilians
The service launched a new portal to let civilian workers prepare for retirement, request a retirement estimate and acquire the necessary paperwork to pay a military or civilian deposit.
